European soccer governing body UEFA says it will boycott World Cup competitions over FIFA President Gianni Infantino’s plan to inject private money.

At a meeting on Thursday, European nations agreed to boycott men's and women's World Cups unless FIFA's private investment plans are shelved

European soccer body UEFA has threatened FIFA with legal action over Gianni Infantino’s failed plan to sell a stake in future World Cup profits to private investors.

Europe's football associations have unanimously threatened to boycott the World Cup if FIFA goes ahead with a planned deal to sell commercial rights to private investors, UEFA said after an emergency meeting on Thursday.

On Tuesday, FIFA confirmed its plans to sell a significant minority stake in a new entity that it is setting up to run its main events.

FIFA has faced backlash from global soccer governing bodies over the proposal to allow private investment.

European football's governing body UEFA said Thursday it would boycott the World Cup should FIFA press ahead with its private investor plan.FIFA, football's world governing body, on Tuesday announced plans to create a commercial subsidiary to run its biggest events,

FIFA President Gianni Infantino’s plan to sell stakes in the World Cup to private equity investors was hit hard Thursday by his former colleagues at UEFA, who agreed to boycott all the global soccer body’s competitions in protest.